$USUAL 19% price surge reflects cross-chain expansion momentum, staking incentives, and favorable altcoin market conditions.
Arbitrum integration boosted DeFi utility and liquidity
Locked staking rewards (UIP-9) reduced circulating supply
Altcoin rotation amplified gains amid Bitcoin consolidation
Deep Dive
1. Primary Catalyst: Arbitrum Ecosystem Activation
The July 10 launch on Arbitrum (Usual Blog) connected USUAL to high-growth DeFi protocols:
Stargate enables cross-chain bridging, increasing USD0 accessibility
Camelot DEX provides immediate liquidity with $77.8M 24h volume
Pendle/Silo integrations created yield-bearing strategies for USD0++
This multi-chain expansion coincided with Bitcoin’s sideways trading (+0.8% vs USUAL’s +19%), suggesting coin-specific demand.
2. Supporting Factors: Staking Mechanics Overhaul
The July 7 UIP-9 upgrade (@usualmoney) introduced:
Locked staking tiers: 1-12 month commitments with 8× reward boosts
USD0 revenue sharing: 45% of protocol fees now distributed to long-term stakers
With 90.43% of supply held by whales, reduced sell pressure from locked positions likely amplified the rally.
3. Technical Context: Breakout Confirmation
USUAL cleared key levels with momentum:
$0.0798 (30-day SMA) → $0.0943 current price
RSI 60.1: Neutral but rising from oversold 30d low of 32
Volume surge: $77.8M traded (+75% vs 7d average)
The move approaches the 23.6% Fibonacci retracement ($0.0905) from June’s $0.10 high, with next resistance at $0.111 (127.2% extension).
Conclusion
USUAL’s rally combines protocol upgrades, strategic chain expansion, and altcoin tailwinds as BTC dominance dips to 63.58% (-0.2% 24h). While the staking revamp incentivizes holding, watch whether Arbitrum TVL growth sustains demand beyond initial speculation.
What’s Next: Can USUAL maintain its RWA narrative advantage as Tether and Circle expand into tokenized Treasuries?